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Glossary Technology & AI

Encryption

Encoding data so only someone with the right key can read it. End-to-end encryption means the service carrying the message cannot read it either.

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Private key

The secret number that authorises spending from a crypto address. Anyone who has it controls the…

Bid-ask spread

The gap between the highest price a buyer will pay and the lowest a seller will…

Blockchain

A shared ledger of transactions maintained by many computers at once rather than by a single…

Central bank

The institution that sets a currency's interest rates and oversees the banking system, such as the…

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